Which of the following formulas represents the calculation for markup percentage?

Question

Quizplus · Accepted Answer

Markup percentage is calculated by dividing the amount of markup (which is the difference between the sales price and cost) by the cost of the item. Therefore, the formula is (Sales price - Cost) ÷ Cost. Option B represents the profit margin formula, option C represents the cost ratio formula, and option D represents the contribution margin ratio formula.

Which of the Following Formulas Represents the Calculation for Markup